Methanex (MEOH) Surges 6.4%: Is This an Indication of Further Gains?

Methanex (MEOH) shares ended the last trading session 6.4% higher at $53.01. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5.5% gain over the past four weeks.Optimism over favorable methanol industry conditions underpinned by healthy demand for methanol in energy applications in China is driving the stock higher. Higher average realized methanol prices are also likely to support first-quarter 2026 profits. This m ...